Estimated Value: $550,000 - $635,000

5 Beds
3 Baths
1,892 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 15, 2022

Current estimated payment $3,386/month

Highlights

  • Cooling Available
  • Heating Available
  • 3-minute walk to Thorndale Park

About This Home

As of August 2022

This rare Triplex is located in the heart of Old Colorado City and walking distance to several parks and downtown OCC!! The main house is a brand new Duplex with high end custom finishes! Each unit has 2 beds 1 bath and it's own laundry with energy efficient mini-spit heating and cooling units that allow you to control the temperature in each room! Both kitchens have custom cabinetry, and quartz countertops, and new stainless steel appliances. Both bathrooms boast modern tile along with upgraded vanities and light fixtures. The cottage in the back yard has been completely remodeled from the ground up and would make a very cool corporate rental unit or AirBnB! The front main level unit has a covered stamped concrete front porch and the upper unit has a private large deck off the back. There is also a brand new driveway for additional parking off of the rear alley as well. The whole property was designed to be low maintenance and each unit house separate electric meters. Don't miss out on an opportunity to buy rental units on one property located on a quiet street in a highly sought after neighborhood!

Last Agent to Sell the Property

Benjamin Kennedy

The Platinum Group Listed on: 06/11/2022

The Platinum Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1894

Lot Details

  • 3,546

Home Design

  • Triplex

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Electric Dryer Hookup
  • Crawl Space
  • 3,546 Sq Ft Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1894

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Triplex
  • Prop. Type: Income
  • Year Built: 1894
  • Special Features: None

Exterior Features

  • Foundation Details: Crawl Space

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Utilities: Electricity
  • Hot Water: Municipal

Schools

  • School District: Colorado Springs 11
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.0814
  • Lot Size: 3545.0000

Tax Info

  • Flip Tax Amount: 2500.00
  • Tax Year: 2021

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Cougar Holdings Llc
Bought by
Sockwell Brandon
Current Estimated Value
$596,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$897,694
Outstanding Balance
$860,549
Interest Rate
5.51%
Mortgage Type
VA
Estimated Equity
-$158,549

Purchase Details

Closed on
Dec 10, 2020
Sold by
Imagine Properties Llc
Bought by
Cougar Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2020
Sold by
Buhrow Lorrayne O and Buhrow Stacey E
Bought by
Imagine Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2001
Sold by
Buhrow Lorrayne O
Bought by
Buhrow Lorrayne O and Buhrow Stacey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
6.88%

Purchase Details

Closed on
Jul 28, 1995
Sold by
Newton Jack M
Bought by
Buhrow Lorrayne O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,550
Interest Rate
7.51%

Purchase Details

Closed on
Nov 26, 1993
Sold by
Newton Lois N
Bought by
Newton Jack M

Purchase Details

Closed on
Mar 19, 1991
Bought by
Buhrow Stacey E

Purchase Details

Closed on
Sep 7, 1989
Bought by
Buhrow Stacey E

Purchase Details

Closed on
Mar 1, 1982
Bought by
Buhrow Lorrayne O
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sockwell Brandon -- None Listed On Document
Cougar Holdings Llc -- Heritage Title Company
Imagine Properties Llc $199,900 Heritage Title Company
Buhrow Lorrayne O -- First American
Buhrow Lorrayne O -- --
Newton Jack M -- --
Buhrow Stacey E -- --
Buhrow Stacey E $62,300 --
Buhrow Lorrayne O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sockwell Brandon $897,694
Previous Owner Cougar Holdings Llc $145,000
Previous Owner Buhrow Lorrayne O $140,000
Previous Owner Buhrow Lorrayne O $124,200
Previous Owner Buhrow Lorrayne O $120,500
Previous Owner Buhrow Lorrayne O $84,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold -- -- --
06/24/2022 06/24/22 Off Market $840,000 -- --
06/18/2022 06/18/22 Price Changed $840,000 -6.7% $444 / Sq Ft
06/11/2022 06/11/22 For Sale $900,000 -- $476 / Sq Ft
Source: Pikes Peak REALTOR® Services

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,444 $36,800 -- --
2024 $1,330 $30,400 $5,160 $25,240
2022 $1,015 $18,140 $3,490 $14,650
2021 $1,122 $19,010 $3,670 $15,340
2020 $1,121 $16,520 $3,120 $13,400
2019 $1,115 $16,520 $3,120 $13,400
2018 $971 $13,230 $2,880 $10,350
2017 $919 $13,230 $2,880 $10,350
2016 $747 $12,880 $3,180 $9,700
2015 $744 $12,880 $3,180 $9,700
2014 $712 $11,830 $2,870 $8,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 6015607

Pikes Peak REALTOR® Services

APN: 74111-26-019